Sintana Energy (CVE:SEI) Trading Down 17.9% – Here’s Why

Sintana Energy Inc. (CVE:SEI – Get Free Report) shares fell 17.9% during mid-day trading on Tuesday . The stock traded as low as C$0.38 and last traded at C$0.44. 3,351,890 shares changed hands during mid-day trading, an increase of 802% from the average session volume of 371,417 shares. The stock had previously closed at C$0.53.

Sintana Energy Price Performance

The firm has a market capitalization of C$161.57 million, a P/E ratio of -10.63 and a beta of -1.02. The stock’s fifty day simple moving average is C$0.54 and its 200 day simple moving average is C$0.60.

About Sintana Energy

(Get Free Report)

Sintana Energy Inc engages in petroleum and natural gas exploration and development activities. It holds five onshore and offshore petroleum exploration licenses in Namibia, as well as in Colombia's Magdalena Basin. The company is based in Toronto, Canada.

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